Rosetti Superyachts confirms 1st ever yacht sold

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Dal Kikin
December 21, 2018

Italian firm Rosetti Superyachts has confirmed the sale of its first ever yacht. Sold to a European client, the 38-meter steel-hulled explorer yacht will be built to a concept designed by Hydro Tec, at the San Vitale shipyard in Ravenna, Italy, according to Yacht Harbour.

Scheduled to be delivered within 24 months of the start of the construction, Rosetti indicates that more information on the 38-meter yacht will be released in January. Based at the San Vitale shipyard, Rosetti says it has the capability to build yachts and supply vessels of up to 140 meters in length.

Although Rosetti Superyachts was founded only in 2017 to try to compete in the superyacht space, the startup is part of the larger Rosetti Marino that was established in 1925, which primarily focuses on engineering and construction of off-shore plants and commercial ships such as ocean-going tugs and supply vessels. Its market cap now sits at €164 million on the Milan stock exchange.

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